Nearly every day for the past few months, Huang has sold Nvidia stock. For example, on Sept. 12 and 13, he sold about 200,000 shares, worth more than $20 million.

Nvidia (NASDAQ: NVDA) CEO and founder Jensen Huang has been consistently selling some of his shares for months now. Even though Nvidia achieved several highs in the past few months, he kept selling, which may lead some people to believe that because Nvidia's insiders are selling, they know the business is at the top.

The central bank's decision to slash borrowing costs by 50 basis points is easing concerns about the economy. That could lift the AI trade.

Nvidia Stock Has 41% Upside, According to 1 Wall Street Analyst Nvidia's CEO Has Sold Shares Virtually Every Trading Session Since Mid-June. Should Investors Follow Suit and Sell? CEO Jensen Huang Keeps Dumping Nvidia Stock.